The Law Library presents the complete text of the Customer Due Diligence Requirements for Financial Institutions (US Financial Crimes Enforcement Network Regulation) (FINCEN) (2018 Edition).
Updated as of May 29, 2018
FinCEN is issuing final rules under the Bank Secrecy Act to clarify and strengthen customer due diligence requirements for: Banks; brokers or dealers in securities; mutual funds; and futures commission merchants and introducing brokers in commodities. The rules contain explicit customer due diligence requirements and include a new requirement to identify and verify the identity of beneficial owners of legal entity customers, subject to certain exclusions and exemptions.
This ebook contains:
- The complete text of the Customer Due Diligence Requirements for Financial Institutions (US Financial Crimes Enforcement Network Regulation) (FINCEN) (2018 Edition)
- A dynamic table of content linking to each section
- A table of contents in introduction presenting a general overview of the structure
